(1) Nifty Chart For 23/09/2010 ::

Nifty :: Finally Nifty correct after made 12th vertical higher high.. Overbought indicator turn down from its extreme.. NSI yesterday given sell signal but today after correction slightly turn up and touch resistance level.. May be we see side way momentum on 23rd Sep .as far as Nifty hold support 5940. Still short term correction not over yet, but conservative and aggressive trader those who sell today use strictly revise stop loss 6038 to protect loss.. Our strategy for 23rd Sep. If Market open gap down watch support 5989/5962, if hold support then only buy in deep (S.L 5940) sell at high.. If Nifty open flat and move up watch resistance 6019/6037 and change strategy as sell at high (S.L 6038) buy in deep (S.L 5989)..If Nifty break 6038 and move up watch last two resistance for shorting with S.L 6082.. Resistance for up move at 6019/6037/6053/6082.. Supports at 5989/5962/5940/5928/5900..